Wealth Enhancement Advisory Services LLC Reduces Stake in SPDR MSCI USA StrategicFactors ETF $QUS

Wealth Enhancement Advisory Services LLC lowered its stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 55.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,476 shares of the company’s stock after selling 63,427 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.57% of SPDR MSCI USA StrategicFactors ETF worth $8,676,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of QUS. AE Wealth Management LLC boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 38.5% in the second quarter. AE Wealth Management LLC now owns 565 shares of the company’s stock valued at $92,000 after acquiring an additional 157 shares during the period. Clark Asset Management LLC bought a new position in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $202,000. Wedmont Private Capital bought a new position in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $205,000. IFP Advisors Inc grew its position in shares of SPDR MSCI USA StrategicFactors ETF by 10.5% during the 2nd quarter. IFP Advisors Inc now owns 1,216 shares of the company’s stock valued at $198,000 after purchasing an additional 116 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 42.1% in the third quarter. Geneos Wealth Management Inc. now owns 1,238 shares of the company’s stock worth $212,000 after purchasing an additional 367 shares during the period.

SPDR MSCI USA StrategicFactors ETF Stock Performance

Shares of QUS stock opened at $176.79 on Friday. SPDR MSCI USA StrategicFactors ETF has a 52-week low of $137.58 and a 52-week high of $177.51. The company has a market capitalization of $1.57 billion, a PE ratio of 22.46 and a beta of 0.89. The business’s fifty day moving average is $174.31 and its 200 day moving average is $170.25.

SPDR MSCI USA StrategicFactors ETF Company Profile

The SPDR MSCI USA StrategicFactors ETF (QUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks comprising three equally weighted subindexes with value, quality and minimum volatility factor strategies. QUS was launched on Apr 16, 2015 and is managed by State Street.